Stop Funding Argentina campaign begins to make an impact

July 03, 2012 1:56 PM

Four weeks ago, we launched our StopFundingArgentina.org campaign, urging the Government to follow the lead of President Obama’s administration in the US and to oppose any further World Bank loans to Argentina (which are, of course, partly underwritten by the British taxpayer).

Over 8,500 of you have already signed our e-petition, whilst 29 MPs from four different parties have so far signed the Commons motion making the same points.

And it would appear that the campaign is already having an impact.

At the first meeting since our campaign began of one of the institutions of the World Bank – the Inter-American Development Bank – the UK did indeed withhold its support for a new loan to Argentina.

Here’s what International Development minister Alan Duncan states in an answer to a parliamentary question from David Ruffley MP which appears in today’s Hansard:
“A loan however was discussed on 21 June. The UK representative at the Inter-American Development did not support this loan.”

Whilst there has not yet been an explicit change of policy, this is extremely welcome news and underlines the need for us to keep up the pressure on this issue.

Please sign the e-petition if you have not done so already and urge your MP to sign EDM 185.

 

 Four weeks ago, we launched our StopFundingArgentina.org campaign, urging the Government to follow the lead of President Obama’s administration in the US and to oppose any further World Bank loans to Argentina (which are, of course, partly underwritten by the British taxpayer).

Over 8,500 of you have already signed our e-petition, whilst 29 MPs from four different parties have so far signed the Commons motion making the same points.

And it would appear that the campaign is already having an impact.

At the first meeting since our campaign began of one of the institutions of the World Bank – the Inter-American Development Bank – the UK did indeed withhold its support for a new loan to Argentina.

Here’s what International Development minister Alan Duncan states in an answer to a parliamentary question from David Ruffley MP which appears in today’s Hansard:
“A loan however was discussed on 21 June. The UK representative at the Inter-American Development did not support this loan.”

Whilst there has not yet been an explicit change of policy, this is extremely welcome news and underlines the need for us to keep up the pressure on this issue.

Please sign the e-petition if you have not done so already and urge your MP to sign EDM 185.

 

 

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